U.S. launches probe of Boeing dumping, subsidy claims vs Bombardier

SEATTLE (Reuters) - The U.S. Commerce Department said on Thursday it was launching an investigation into claims by Boeing Co that Canadian plane maker Bombardier Inc dumped CSeries jetliners in the U.S. market and is being unfairly subsidized by the Canadian government. ...

Boeing's Battle With Bombardier & Airbus

Boeing's Battle With Bombardier & Airbus

Two words underpin Boeing\'s decision to launch a U.S. trade complaint against Bombardier: \"Never again\". according to reuters, Allegations that the Canadian firm dumped newly designed CSeries passenger jets in the United States have threatened a sale of warplanes to Ottawa, sending Boeing scrambling to save the deal. after the rise of boeing\'s rival, airbus, the company is determined to never again underestimate a competitor. Boeing sees Bombardier as a second rival entering its domestic market with low prices and is determined not to undervalue the threat again.
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Boeing's Battle With Bombardier & Airbus

published:22 May 2017

views:372

Two words underpin Boeing\'s decision to launch a U.S. trade complaint against Bombardier: \"Never again\". according to reuters, Allegations that the Canadian firm dumped newly designed CSeries passenger jets in the United States have threatened a sale of warplanes to Ottawa, sending Boeing scrambling to save the deal. after the rise of boeing\'s rival, airbus, the company is determined to never again underestimate a competitor. Boeing sees Bombardier as a second rival entering its domestic market with low prices and is determined not to undervalue the threat again.
http://feeds.reuters.com/~r/reuters/topNews/~3/sCbskfmjM8c/us-boeing-bombardier-analysis-idUSKBN18I23L
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Bombardier Buckled With 300 Percent US Duties

Bombardier Buckled With 300 Percent US Duties

ON Friday the U.S. Commerce Department moved to impose trade duties of nearly 300 percent on sales of Bombardier Inc CSeries jets in the United States. The department was prompted by Boeing Co’s complaint that the Canadian company received illegal subsidies and dumped the planes at “absurdly low” prices.
After a preliminary finding that the jets were sold below cost to Delta Air Lines Inc in 2016, the Commerce Department proposed a 79.82 percent antidumping duty. That adds to the 219.63 percent duty for subsidies announced last week.
http://feeds.reuters.com/~r/reuters/topNews/~3/k91iBqc8mWg/u-s-backs-300-percent-in-duties-on-bombardier-after-boeing-complaint-idUSKBN1CB29X
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Bombardier Buckled With 300 Percent US Duties

published:06 Oct 2017

views:189

ON Friday the U.S. Commerce Department moved to impose trade duties of nearly 300 percent on sales of Bombardier Inc CSeries jets in the United States. The department was prompted by Boeing Co’s complaint that the Canadian company received illegal subsidies and dumped the planes at “absurdly low” prices.
After a preliminary finding that the jets were sold below cost to Delta Air Lines Inc in 2016, the Commerce Department proposed a 79.82 percent antidumping duty. That adds to the 219.63 percent duty for subsidies announced last week.
http://feeds.reuters.com/~r/reuters/topNews/~3/k91iBqc8mWg/u-s-backs-300-percent-in-duties-on-bombardier-after-boeing-complaint-idUSKBN1CB29X
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Canada warns it may cancel US Super Hornet jet buy over probe

Canada warns it may cancel US Super Hornet jet buy over probe

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Canada\'s government warned Thursday it could cancel a planned $2 billion purchase of 18 Super Hornet fighter jets from Boeing because of U.S. Department of Commerce anti-dumping investigations against Canadian plane-maker Bombardier.
Canadian Foreign Minister Chrystia Freeland issued the threat in a statement about Boeing\'s complaint against Bombardier.
\"Canada is reviewing current military procurement that relates to Boeing,\" Freeland said.
Boeing argued at a hearing in Washington on Thursday that duties should be imposed on Bombardier\'s new larger C Series passenger aircraft, insisting it receives Canadian government subsidies that give it an advantage internationally.
Freeland said Boeing\'s petition is \"clearly aimed at blocking Bombardier\'s new aircraft, the C Series aircraft, from entering the U.S. market.\" She said the government strongly disagrees with the Commerce Department\'s decision to initiate anti-dumping and countervailing duty investigations.
The threat comes amid increasing trade disputes between Canada and the U.S. and on the same day the Trump administration formally told Congress that it intends to renegotiate the North American Free Trade Agreement.
Chicago-based Boeing has petitioned the U.S. Commerce Department and the U.S. International Trade Commission to investigate subsidies of Montreal-based Bombardier\'s C Series aircraft. Boeing said Bombardier has received more than $3 billion in governmen...

Canada warns it may cancel US Super Hornet jet buy over probe

published:23 May 2017

views:2409

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Canada\'s government warned Thursday it could cancel a planned $2 billion purchase of 18 Super Hornet fighter jets from Boeing because of U.S. Department of Commerce anti-dumping investigations against Canadian plane-maker Bombardier.
Canadian Foreign Minister Chrystia Freeland issued the threat in a statement about Boeing\'s complaint against Bombardier.
\"Canada is reviewing current military procurement that relates to Boeing,\" Freeland said.
Boeing argued at a hearing in Washington on Thursday that duties should be imposed on Bombardier\'s new larger C Series passenger aircraft, insisting it receives Canadian government subsidies that give it an advantage internationally.
Freeland said Boeing\'s petition is \"clearly aimed at blocking Bombardier\'s new aircraft, the C Series aircraft, from entering the U.S. market.\" She said the government strongly disagrees with the Commerce Department\'s decision to initiate anti-dumping and countervailing duty investigations.
The threat comes amid increasing trade disputes between Canada and the U.S. and on the same day the Trump administration formally told Congress that it intends to renegotiate the North American Free Trade Agreement.
Chicago-based Boeing has petitioned the U.S. Commerce Department and the U.S. International Trade Commission to investigate subsidies of Montreal-based Bombardier\'s C Series aircraft. Boeing said Bombardier has received more than $3 billion in governmen...

Fred Cromer, president of commercial aircraft at Bombardier, discusses the company’s partnership with Airbus to manufacture its C-Series jets in the United States, responds to the US government’s aircraft-dumping allegations against his company, as well as US-Canada trade relations and more during a Nov. 13, 2017, interview with the Defense & Aerospace Report during the 2017 Dubai Airshow. The Defense & Aerospace Report’s coverage is sponsored by FLIR Systems.
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Fred Cromer, president of commercial aircraft at Bombardier, discusses the company’s partnership with Airbus to manufacture its C-Series jets in the United States, responds to the US government’s aircraft-dumping allegations against his company, as well as US-Canada trade relations and more during a Nov. 13, 2017, interview with the Defense & Aerospace Report during the 2017 Dubai Airshow. The Defense & Aerospace Report’s coverage is sponsored by FLIR Systems.
Check out our website: http://www.defaeroreport.com
Like us on Facebook: http://www.facebook.com/deferoreport
Follow us on Twitter: http://www.twitter.com/defaeroreport
Sign up for our free, weekly newsletter: http://eepurl.com/cNkD_f
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At Issue | Bombardier Bailout

At Issue | Bombardier Bailout

Bombardier laid off 7000 workers, got a new multi billion dollar contract from Air Canada and wants millions more in handouts from Ottawa. How does this make sense? At Issue weighs in.
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At Issue | Bombardier Bailout

published:19 Feb 2016

views:10819

Bombardier laid off 7000 workers, got a new multi billion dollar contract from Air Canada and wants millions more in handouts from Ottawa. How does this make sense? At Issue weighs in.
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The National is CBC Television\'s flagship news program. Airing seven days a week, the show delivers news, feature documentaries and analysis from some of Canada\'s leading journalists....

Also: Engine Coatings Facility, Wrong Runway At JFK, ATR 72-600 Flight Sim, Regional Airline Association
Pilatus has obtained type certificates from the FAA and EASA for the first ever Swiss business jet. Certification of the Super Versatile Jet prepares the ground for initial customer deliveries, which will see the PC-24 business jet take off from Central Switzerland for its entry on the global market. The PC-24 development project was officially announced in 2013, but work on the Super Versatile Jet has in fact been in progress for the past eleven and a half years. Erik Lindbergh, grandson of famed aviators Charles and Anne Morrow Lindbergh, has announced the formation of VerdeGo Aero, an innovative new aerospace company with a mission to provide the upcoming multibillion-dollar urban transportation market with a safe, clean, and quiet hybrid-electric vertical takeoff and landing (eVTOL) aircraft that can fly piloted or autonomously. Boeing\'s trade dispute with Bombardier has led the Canadian government to cancel its plans to buy 18 Super Hornet jet fighters. Boeing has accused Bombardier of dumping airliners on the U.S. Market. It filed a complaint with the U.S. Commerce department, which imposed a 300 percent tariff on Bombardier\'s C-Series airliners. Boeing claimed that the Canadian government illegally subsidized the single-aisle jets and was offering the airplanes at \"absurdly low\" prices to U.S. carriers. All this -- and MORE in today\'s episode of Airborne!!!
Airborne 12.11.17 is chock full of info in this Daily News Episode, Monday, December 11th, 2017... Present...

Also: Engine Coatings Facility, Wrong Runway At JFK, ATR 72-600 Flight Sim, Regional Airline Association
Pilatus has obtained type certificates from the FAA and EASA for the first ever Swiss business jet. Certification of the Super Versatile Jet prepares the ground for initial customer deliveries, which will see the PC-24 business jet take off from Central Switzerland for its entry on the global market. The PC-24 development project was officially announced in 2013, but work on the Super Versatile Jet has in fact been in progress for the past eleven and a half years. Erik Lindbergh, grandson of famed aviators Charles and Anne Morrow Lindbergh, has announced the formation of VerdeGo Aero, an innovative new aerospace company with a mission to provide the upcoming multibillion-dollar urban transportation market with a safe, clean, and quiet hybrid-electric vertical takeoff and landing (eVTOL) aircraft that can fly piloted or autonomously. Boeing\'s trade dispute with Bombardier has led the Canadian government to cancel its plans to buy 18 Super Hornet jet fighters. Boeing has accused Bombardier of dumping airliners on the U.S. Market. It filed a complaint with the U.S. Commerce department, which imposed a 300 percent tariff on Bombardier\'s C-Series airliners. Boeing claimed that the Canadian government illegally subsidized the single-aisle jets and was offering the airplanes at \"absurdly low\" prices to U.S. carriers. All this -- and MORE in today\'s episode of Airborne!!!
Airborne 12.11.17 is chock full of info in this Daily News Episode, Monday, December 11th, 2017... Present...

U.S. imposing 220% duty on Bombardier CSeries planes

U.S. imposing 220% duty on Bombardier CSeries planes

U.S. imposing 220% duty on Bombardier CSeries planes
The U.S. Department of Commerce has clobbered aerospace giant Bombardier with a hefty 220 per cent countervailing duty on the sale of its CS100 commercial jets to a U.S. airline following a trade complaint from an American rival.
The department ruled that Bombardier benefited from improper government subsidies, a finding that deals a blow to the Montreal-based company\'s chances in its ongoing dispute with U.S. rival Boeing.
Boeing, which had complained that Bombardier inked a deal with Delta Air Lines for up to 125 of the jets by offering the planes at below-market price, wasted no time Tuesday in declaring victory.
\"Subsidies enabled Bombardier to dump its product into the U.S. market, harming aerospace workers in the United States and throughout Boeing\'s global supply chain,\" the company said in a statement.
U.S. imposing 220% duty on Bombardier CSeries planes
https://youtu.be/ggkh14cD6EI...

U.S. imposing 220% duty on Bombardier CSeries planes

published:27 Sep 2017

views:635

U.S. imposing 220% duty on Bombardier CSeries planes
The U.S. Department of Commerce has clobbered aerospace giant Bombardier with a hefty 220 per cent countervailing duty on the sale of its CS100 commercial jets to a U.S. airline following a trade complaint from an American rival.
The department ruled that Bombardier benefited from improper government subsidies, a finding that deals a blow to the Montreal-based company\'s chances in its ongoing dispute with U.S. rival Boeing.
Boeing, which had complained that Bombardier inked a deal with Delta Air Lines for up to 125 of the jets by offering the planes at below-market price, wasted no time Tuesday in declaring victory.
\"Subsidies enabled Bombardier to dump its product into the U.S. market, harming aerospace workers in the United States and throughout Boeing\'s global supply chain,\" the company said in a statement.
U.S. imposing 220% duty on Bombardier CSeries planes
https://youtu.be/ggkh14cD6EI...

Airbus may have just torpedoed Boeing's grand plan to kill off a major competitor

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On Monday, Airbus and Bombardier announced that the two airplane makers will join forces on the next generation C Series airliner.
The deal sees Airbus acquiring a 50.01% equity stake in the Bombardier C Series program with the production of US-bound C Series jets produced at the Airbus plant in Mobile, Alabama.
Production of all other C Series jets will remain in Canada.
Mechanisms within the deal will see Airbus take 100% ownership of the C Series program within five years.
It\'s a move that looks to be in direct response to the US Department of Commerce\'s proposed 299.45% tariff on Delta Air Lines\' order for 75 C Series jets. The tariffs are a result of a complaint Boeing filed in April.
Both Airbus and Bombardier believe that shifting production to Alabama will get around any proposed tariffs.
\"This looks like a questionable deal between two heavily state-subsidized competitors to skirt the recent findings of the U.S. government,\" Boeing said in a statement. \"Our position remains that everyone should play by the same rules for free and fair trade to work.\"
Airbus will make no upfront financial investment but will provide procurement, marketing, sales, and customer-support expertise.
In other words, Airbus just took ownership of one of the most advanced jetliner programs in the world for zero upfront cash.
\"This is a win-win for everybody!\" Airbus CEO Tom Enders said in a statement. \"The C Series, with its state-of-the-art design and great economics, is a great fit with our existing single-aisle aircraft family and rapidly extends our p...

Airbus may have just torpedoed Boeing's grand plan to kill off a major competitor

published:17 Oct 2017

views:3705

Subscribe to this channel
On Monday, Airbus and Bombardier announced that the two airplane makers will join forces on the next generation C Series airliner.
The deal sees Airbus acquiring a 50.01% equity stake in the Bombardier C Series program with the production of US-bound C Series jets produced at the Airbus plant in Mobile, Alabama.
Production of all other C Series jets will remain in Canada.
Mechanisms within the deal will see Airbus take 100% ownership of the C Series program within five years.
It\'s a move that looks to be in direct response to the US Department of Commerce\'s proposed 299.45% tariff on Delta Air Lines\' order for 75 C Series jets. The tariffs are a result of a complaint Boeing filed in April.
Both Airbus and Bombardier believe that shifting production to Alabama will get around any proposed tariffs.
\"This looks like a questionable deal between two heavily state-subsidized competitors to skirt the recent findings of the U.S. government,\" Boeing said in a statement. \"Our position remains that everyone should play by the same rules for free and fair trade to work.\"
Airbus will make no upfront financial investment but will provide procurement, marketing, sales, and customer-support expertise.
In other words, Airbus just took ownership of one of the most advanced jetliner programs in the world for zero upfront cash.
\"This is a win-win for everybody!\" Airbus CEO Tom Enders said in a statement. \"The C Series, with its state-of-the-art design and great economics, is a great fit with our existing single-aisle aircraft family and rapidly extends our p...

Airbus deal with Bombardier will not last long: analysts

Airbus deal with Bombardier will not last long: analysts

Airbus deal with Bombardier will not last long: analysts
In mid-October, European aircraft maker Airbus bought 50.01% stake in the company that Canada’s Bombardier had established to own its C Series aircraft. At the time, the cashless acquisition was judged a big win for Bombardier, which had lost a tariff and dumping case to Boeing Co. (NYSE: BA) related to sales of the company’s CS-100 passenger jet in the United States. While the deal may have saved Bombardier and was thought to be an easy pickup for Airbus, that initial reaction may have proved to be too quick. Both Moody’s Investors Service and an analyst at Bernstein Research have issued less than encouraging reports on the transaction. According to Moody’s, the airline industry prefers larger narrow-body jets, like Boeing’s 737 and Airbus’s A320, to smaller planes like the CS-100. The 737 seats a maximum of 172 to 230 passengers in four different members of the 737 family, and the A320 family seats from 100 to as many as 240 in four different airplanes. The CS-100 seats around 100, and Bombardier is also building a larger version of the plane, the CS-300, to seat about 125 to 150 passengers. Moody’s Vice-President Jonathan Root noted: Demand for 100 to 150 seat commercial airliners like the C Series is likely to remain modest for a few years due to industry pressures that are fueling interest in larger, not smaller, narrowbody passenger jets. The biggest factor is airlines’ heightened focus on profitability and achieving acceptable returns on capital following the 2008 financial crisis. Moody’s estimates that it wi...

Airbus deal with Bombardier will not last long: analysts

published:08 Nov 2017

views:337

Airbus deal with Bombardier will not last long: analysts
In mid-October, European aircraft maker Airbus bought 50.01% stake in the company that Canada’s Bombardier had established to own its C Series aircraft. At the time, the cashless acquisition was judged a big win for Bombardier, which had lost a tariff and dumping case to Boeing Co. (NYSE: BA) related to sales of the company’s CS-100 passenger jet in the United States. While the deal may have saved Bombardier and was thought to be an easy pickup for Airbus, that initial reaction may have proved to be too quick. Both Moody’s Investors Service and an analyst at Bernstein Research have issued less than encouraging reports on the transaction. According to Moody’s, the airline industry prefers larger narrow-body jets, like Boeing’s 737 and Airbus’s A320, to smaller planes like the CS-100. The 737 seats a maximum of 172 to 230 passengers in four different members of the 737 family, and the A320 family seats from 100 to as many as 240 in four different airplanes. The CS-100 seats around 100, and Bombardier is also building a larger version of the plane, the CS-300, to seat about 125 to 150 passengers. Moody’s Vice-President Jonathan Root noted: Demand for 100 to 150 seat commercial airliners like the C Series is likely to remain modest for a few years due to industry pressures that are fueling interest in larger, not smaller, narrowbody passenger jets. The biggest factor is airlines’ heightened focus on profitability and achieving acceptable returns on capital following the 2008 financial crisis. Moody’s estimates that it wi...

British PM Theresa May said she would discuss the Boeing - Bombardier issue with Donald Trump. Boeing accuses Bombardier of dumping its new CSeries passenger jet in the U.S. aircraft market. However, the Canadian firm denies the charges.
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Two words underpin Boeing\'s decision to launch a U.S. trade complaint against Bombardier: \"Never again\". according to reuters, Allegations that the Canadian firm dumped newly designed CSeries passenger jets in the United States have threatened a sale of warplanes to Ottawa, sending Boeing scrambling

ON Friday the U.S. Commerce Department moved to impose trade duties of nearly 300 percent on sales of Bombardier Inc CSeries jets in the United States. The department was prompted by Boeing Co’s complaint that the Canadian company received illegal subsidies and dumped the planes at “absurdly low” pr

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Canada\'s government warned Thursday it could cancel a planned $2 billion purchase of 18 Super Hornet fighter jets from Boeing because of U.S. Department of

Fred Cromer, president of commercial aircraft at Bombardier, discusses the company’s partnership with Airbus to manufacture its C-Series jets in the United States, responds to the US government’s aircraft-dumping allegations against his company, as well as US-Canada trade relations and more during a

Bombardier laid off 7000 workers, got a new multi billion dollar contract from Air Canada and wants millions more in handouts from Ottawa. How does this make sense? At Issue weighs in.
»»» Subscribe to The National to watch more videos here: https://www.youtube.com/user/CBCTheNational?sub_confirm

Canada disagrees with us bombardier anti-dumping duties
Canada disagrees with us bombardier anti-dumping duties
Canadas Foreign Affairs Minister has said that the US Governments antidumping and countervailing dut...
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U.S. imposing 220% duty on Bombardier CSeries planes
The U.S. Department of Commerce has clobbered aerospace giant Bombardier with a hefty 220 per cent countervailing duty on the sale of its CS100 commercial jets to a U.S. airline following a trade complaint from an American rival.
The department

Subscribe to this channel
On Monday, Airbus and Bombardier announced that the two airplane makers will join forces on the next generation C Series airliner.
The deal sees Airbus acquiring a 50.01% equity stake in the Bombardier C Series program with the production of US-bound C Series jets produce

Airbus deal with Bombardier will not last long: analysts
In mid-October, European aircraft maker Airbus bought 50.01% stake in the company that Canada’s Bombardier had established to own its C Series aircraft. At the time, the cashless acquisition was judged a big win for Bombardier, which had lost

(26 Jan 2018) The U.S. International Trade Commission says competition from Canadian aircraft manufacturer Bombardier (bahm-BAHR\'-dee-yay) did not harm Boeing, a big defeat for the U.S. aircraft giant.
The unanimous decision effectively blocks the Commerce Department\'s plans to slap 292 percent tar

on Tuesday, The U.S. Commerce Department placed preliminary anti-subsidy duties on Bombardier’s CSeries jets. This came after rival Boeing accused Canada of unfairly subsidizing the aircraft. after making a preliminary finding of subsidization, The department said it imposed a steep 219.63 percent c

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The wife of Icon engineer Cagri Sever has filed a wrongful death lawsuit against Icon aircraft over Sever\'s fatal injury while a passenger aboard an Icon A5 airplane. Sever had recently been hired by the com

The US Dept of Commerce has imposed a further tariff of 80% on planes made by the Canadian company Bombardier, whose wings are manufactured in Belfast. That’s on top of the 22% duties imposed last month. The Government said it was disappointing but only the first step in the process.
Business cor

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DSCN2208 212373
USA International Trade Commission
ruled unanimously, 4-0, against BOEING in their
trade complaint that Bombardier dumped their CSeries in their sale of 75 CSeries 100 to Delta Airlines th

Decision time for bombardier, inc..
The long-standing battle that Bombardier, Inc. (TSX:BBD.B) has had over the CSeries in the U.S. market may finally be coming to a close this week, as the U.S. International Trade Commission publishes its long-awaited decision. The accusation being made by Boeing